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<xml>
<title>Illinois General Assembly - Bill Status for SB 1404         </title>
<shortdesc>FINANCIAL REPORTING STDS-AUDIT</shortdesc>
<sponsor>
<sponsorhead1>Senate Sponsors</sponsorhead1><sponsors>Sen. Linda Holmes-Daniel Biss and Gary Forby</sponsors>
<sponsorhead2>House Sponsors</sponsorhead2><altsponsors>(Rep. Robert W. Pritchard)</altsponsors>
</sponsor>
<lastaction>
<statusdate>1/10/2017</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</lastaction>
<synopsis>
<synopsistitle></synopsistitle>
<reference>30 ILCS 30/20</reference><aliasreference></aliasreference><SynopsisText>Amends the Financial Reporting Standards Board Act. Provides that if a State agency does not have an Internal Auditor, it must either use an Internal Auditor from another State Agency or contract with an independent Certified Internal Auditor or an independent registered or licensed Certified Public Accountant to perform the audit. Provides that all internal audit report materials shall be considered exempt from disclosure under the Freedom of Information Act. Provides that the Financial Reporting Standards Board shall not disclose any confidential information in its reports to the Comptroller and the Governor. Effective immediately.</SynopsisText></synopsis>
<actions>
<statusdate>2/20/2015</statusdate><chamber>Senate</chamber><action>Filed with Secretary by Sen. Linda Holmes</action>
<statusdate>2/20/2015</statusdate><chamber>Senate</chamber><action>First Reading</action>
<statusdate>2/20/2015</statusdate><chamber>Senate</chamber><action>Referred to Assignments</action>
<statusdate>3/2/2015</statusdate><chamber>Senate</chamber><action>Added as Chief Co-Sponsor Sen. Daniel Biss</action>
<statusdate>3/3/2015</statusdate><chamber>Senate</chamber><action>Assigned to State Government and Veterans Affairs</action>
<statusdate>3/12/2015</statusdate><chamber>Senate</chamber><action>Postponed - State Government and Veterans Affairs</action>
<statusdate>3/18/2015</statusdate><chamber>Senate</chamber><action>Added as Co-Sponsor Sen. Gary Forby</action>
<statusdate>3/26/2015</statusdate><chamber>Senate</chamber><action>Do Pass State Government and Veterans Affairs;  007-000-000</action>
<statusdate>3/26/2015</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 2nd Reading April 14, 2015</action>
<statusdate>4/16/2015</statusdate><chamber>Senate</chamber><action>Second Reading</action>
<statusdate>4/16/2015</statusdate><chamber>Senate</chamber><action>Placed on Calendar Order of 3rd Reading April 21, 2015</action>
<statusdate>4/21/2015</statusdate><chamber>Senate</chamber><action>Third Reading - Passed; 055-000-000</action>
<statusdate>4/21/2015</statusdate><chamber>House</chamber><action>Arrived in House</action>
<statusdate>4/21/2015</statusdate><chamber>House</chamber><action>Chief House Sponsor Rep. Robert W. Pritchard</action>
<statusdate>4/21/2015</statusdate><chamber>House</chamber><action>First Reading</action>
<statusdate>4/21/2015</statusdate><chamber>House</chamber><action>Referred to Rules Committee</action>
<statusdate>1/10/2017</statusdate><chamber>Senate</chamber><action>Session Sine Die</action>
</actions>
</xml>

